Bitcoin is facing renewed selling pressure after failing to break through the $88K resistance level. BTC is currently trading around $82K after briefly dipping below $80K. The $80K-$81K support zone is crucial in determining whether the pullback remains a correction or develops into a deeper bearish move. CryptoQuant’s Bull-Bear Market Cycle Indicator has returned to positive territory, suggesting improved underlying cycle momentum, but this recovery must be assessed alongside price behavior. If $80K breaks, the next downside target would be the $75K-$77K demand zone.
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